Proposal #XXX

MortgageExchange Ellie Mae to Servicing Director for Landmark Credit Union

Agreement

MONTHLY HOSTING AGREEMENT

Additional Terms:

  1. The original term of this Agreement shall be 24 months (the “Original Term”),  commencing on the date of agreement signing.  Client will be billed for the whole month. This Agreement shall automatically renew for successive extended terms (each, an “Extended Term”) equal to one (1) year unless terminated in accordance with the Terms and Conditions.  
  2. This initial interface build will be known as the “core” build  
  3. 50% of non-recurring fees and monthly fees will be billed to start the project. When the project goes into production the remaining 50% of set up and 100 % of the monthly fees will be billed. This project should be completed by the 90 day time frame. Note: If the client requires additional time due to delays on "their side", ABT will provide an additional 2 months to the build time frame. After five (5) months from date of signing 100% of set-up fees and 100% of monthly fees will be due, whether the system is in production or not.
  4. VPN Connection (if needed).  A non-recurring installation fee of 4 hours @ $136.95 (per VPN). If two VPNs are required a fee of $100.00 /mo will be charged.
  5. Client customizations, which are not part of our standard MortgageExchange build deliverable, may require additional fees.  These customizations and resulting fees will be discussed with client, agreed upon by both parties in writing prior to action being taken. 
  6. ABT is providihg a Mortgage Exchange service for Client.  This Mortgage Exchange aids in the transfer of data between two software programs being used by Client in their Mortgage Dept.  The project utilizes SSL encryption when ABT is receiving data.  Data will reside in ABT’s hosting environment for translation and troubleshooting for the duration of time specified by client.
  7. If the client requests additional work, (example: request for additional field(s) or functionality that was not part of the original project scope at time of “core” build), a work order will be generated and ABT’s standard hourly rates will apply as needed: Tier rates are listed in the Terms and Conditions document sent with this Proposal.  Any of this additional work will then become part of the “core build” and shall be included in the monthly hosting fee.  
  8. Tech Support Fees can be viewed at the following Site:  www.myabt.com/rates
  9. This Agreement shall be subject at all times during the Original Term and any Extended Term to the    TERMS AND CONDITIONS (the “Terms and Conditions”) document posted on ABT’s website at http://www.myabt.com/legal/ASPTC.pdf. Client hereby acknowledges receipt of a copy of the Terms and Conditions concurrently with execution of this Agreement.   The most current version of the Terms and Conditions can be viewed by clicking on the previously listed hypertext link. ABT reserves the right to alter the Terms and Conditions at any time without notice to client /customer. The Terms and Conditions may be altered notification to the client/customer (this applies to Landmark Credit Union), provided, however that the foregoing notification requirement shall not apply to modifications that could not reasonably be expected to cause a material adverse effect to client   In the event of any conflict between the provisions of this Agreement and the Terms and Conditions, the provisions of this Agreement shall control.
  1. Above pricing shall expire in (30) days from Sept. 17, 2024.

Laura Schoeneck

Landmark Credit Union

5445 S Westridge Dr

(262) 796-4500

Access Business Technologies

Signature___________________________________________          

Title:__________________________

Date:_________________________

This proposal was accepted by company member. If you have any questions, please send a message to Chris Schwartz-Edmisten <Chris@myabt.com>.